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Take a cold hard look at your AP processes Before making significant changes, you should take some time for deep introspection and an honest review of how you have managed accounts payable at your company. You are missing out on capturing early pay discounts • Inconsistent AP procedures (especially in more prominent companies) From books to bank statements, the world has moved from paper to digital – accounts payable In summary, the main advantages for automating the accounts payable function include: AP automation is becoming a norm for businesses worldwide, especially as many companies move towards digitizing their activities. We offer a complete, end-to-end Accounts Payable workflow paired with a centralized, digital mailroom and invoice processing services.

Plan for the worst, hope for the best You will need to take steps to ensure that your company is ready to function in a post-pandemic world, even accounting for all the other business challenges currently on your plate. By being agile, creating a strategy, and communicating policies and goals to ensure that all your team members are ready for the new normal, businesses set themselves up for successfully navigating this or any other crisis in the future. Converting paper documents to digital ones increases operating performance, streamlines your workflow, and improves a business’s customer relationships and the public perception of your company. Imaging and Data Capture: Convert paper and electronic documents into functional data through sophisticated optical character recognition (OCR) and intelligent character recognition (ICR) software that can be fed directly into your ERP, medical claims or billing system.

Early in the pandemic, we were proud to donate $10,000 to the United Way Coronavirus Relief Fund to help organizations that were on the frontline of this crisis. Many of our employees quickly had to adapt to a remote working environment, while those who could not perform their duties remotely implemented recommended safety practices into their daily routine. Our robust disaster recovery and business continuity plans ensured that our clients never saw a disruption in service; we are extremely proud to be able to say Data Dimensions suffered ZERO downtime during the course of this pandemic. As we look forward to 2021 and beyond, our services continue to evolve and bring cost and time-saving benefits to our clients.

Whether or not a person can file for Workers’ Compensation after testing positive for COVID-19 is a gray area, as is much of the information surrounding this novel virus. Depending on how the virus progresses over the next few months or even years, we could be looking at major reforms to the Workers Compensation industry. Businesses are going to want to stay ahead of this and would likely find it beneficial to enlist the help of an outsourced claims solution provider that specializes in navigating the ever-evolving complexities of compliance in the workers’ compensation industry. An automated processing platform with the ability to integrate with (or better yet, have existing integrations with) any bill review provider will be the most beneficial tool to have in place if you are anticipating a change in your state’s workers’ compensation regulations.